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apo stock news

Firm is the Only Alternatives Manager to Obtain the DistinctionNEW YORK, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo” or the “Firm”) has been named as one of America’s Most Responsible Companies by Newsweek and Statistic Inc. in recognition of its corporate performance in environmental, social and governance areas as well as corporate social responsibility. The firm was formally know as Apollo Global Management, LLC. Apollo indicated during negotiations with the company in August that it was considering an offer of C$38 to C$41 per share, according to documents filed with securities regulators. What Awaits Principal Financial (PFG) This Earnings Season? ... Let's see if Apollo Global (APO) stock is a good choice for value-oriented investors right now from multiple angles. The $35.00 per share transaction price represents a 60% premium to Cardtronics’ volume-weighted average share price over the 30 trading days prior to December 8, 2020 and a 35% premium to its closing share price on December 8, 2020, the day prior to the announcement of Hudson Executive’s disclosure of its joint proposal with the Apollo Funds to acquire the Company. It includes about $10 billion in student loans, a person familiar with the matter said in October.Representatives for Apollo, Blackstone and Wells Fargo declined to comment.The potential sale comes as Wells Fargo pares down its assets after years of scandals. “Together with our partners at Apollo, we are excited about the Company’s fundamental strengths and the continued value it can deliver to all stakeholders, and I look forward to continue working with the Cardtronics team.”Transaction DetailsThe transaction is not subject to a financing condition and is expected to close in the first half of calendar year 2021. The Company makes available free of charge on its investor relations website at copies of materials it files with, or furnishes to, the SEC.No Offer or SolicitationThis communication is for information purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. (Updates with share price in sixth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. NEW YORK, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Cardtronics plc (NASDAQ: CATM) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) and Hudson Executive Capital LP (“Hudson Executive”). During the third quarter of 2020, the RiverPark Large Growth Fund returned 10.84% (institutional shares), compared to the total return of 8.93% by the S&P 500 Index. Apollo Global Management, LLC. Cardtronics stock was off 1.4% in morning trading Tuesday. Apollo Global Management (NYSE:APO) Price Target Cut to $51.00 by Analysts at Morgan Stanley 02:02pm, Tuesday, 20'th Oct 2020. But CI isn’t an expert at waging proxy fights and it had to consider the possibility that Apollo would walk away from the deal and how the business would fare in the current environment, he said.“We think it was the best we could do from where things were kicked off,” Dean said of Apollo’s 15% increase. (Updates with Apollo comment in the ninth paragraph. And the next 2 months could decide your wealth in 2021. To Bohemia, the first brewery in Brazil. Alexandra Raymond, Esq. The firm seeks to invest in companies with Enterprise value between $200 million to $2.5 billion. The all-cash deal is expected to be completed in the first half of next year, according to a statement Tuesday.Banks have shuttered almost 3,000 branches in the past 12 months, according to data compiled by S&P Global Market Intelligence. APO stock news. It Needs to Show 5G Progress Next Year. Can It Last? To the creation of the Castle Brewery in South Africa during the Johannesburg gold rush. 8 Stocks and Sectors That Will Lose Their Shine on Wall Street. Transaction Showcases Apollo’s High Quality Investment and Corporate Solutions PlatformNEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO ) today announced that accounts and entities advised by Apollo and its subsidiaries (collectively “Apollo”) and a group of institutional investors have entered into a strategic relationship with Anheuser-Busch InBev SA/NV (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) (“AB InBev”) to acquire a 49.9% stake in Anheuser-Busch InBev’s US-based metal container plants for approximately 3 billion USD. The casino firm appears to have “sufficient financial strength to weather current business closures,” ISS said.“The lack of a sale process heightens concerns regarding the timing of the offer, as shareholders cannot be confident they are receiving adequate value for their shares,” ISS said. Melissa Fortunato, Esq. Find the latest news headlines from Apollo Global Management, Inc. Class A Common Stock (APO) at © 2020 Verizon Media. Apollo Global Management, Inc. was founded in 1990 and is headquartered in New York, New York with additional offices in North America, Asia and Europe, Market Digest: AMP, AMZN, GOOGL, ICE, IEX, NOV, SHW, URI, OC, APO, GNRC, Analyst Report: Apollo Global Management Inc, Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE - NYSE Delayed Price. Some parts of this page is not supported on your current browser version. For more information about HEC, please visit Information:Investor Relations Brad Conrad 832-308-4000 Media Relations Lisa Albiston 832-308-4000        Or Eric Brielmann / Scott Bisang Joele Frank, Wilkinson Brimmer Katcher 212-355-4449 Apollo Investor Relations Peter Mintzberg  (212) 822-0528  APOInvestorRelations@apollo.comApollo Media Relations Joanna Rose (212) 882-0491 communications@apollo.comHudson Executive Capital Contact Steve Lipin / Felipe Ucrós Gladstone Place Partners 212-230-5930 Additional Information and Where to Find ItThis communication may be deemed solicitation material in respect of the proposed acquisition of the Company by affiliates of Apollo Global Management, Inc. (“Apollo”) and Hudson Executive Capital, L.P. (“HEC”). Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Importantly, this is not a company controlled by Apollo funds,” she said.Ramamurti also pointed to a General Accountability Office report released Thursday that suggested YRC got special, fast-tracked treatment for its loan approval that other companies did not get.GAO ReportThe Treasury “accelerated evaluating YRC’s application due to the urgency of the business’s financial circumstances, including the possibility of YRC filing for bankruptcy if it did not receive aid,” the GAO report said. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Cardtronics plc (NasdaqGS: CATM) to affiliates of Apollo Global Management, Inc. (NYSE: APO). 48.07 0.00 (0.00%)After hours: 4:44PM EST, Subscribe to Premium to view Fair Value for APO, Companies In The News Are: BUD, APO, INO, GOOGL, INTC, CLDR. Seasoned operating executives Douglas Braunstein and Douglas Bergeron lead an experienced investment team to help companies catalyze value and drive returns. It isn’t affiliated with Bloomberg LP, the parent company of Bloomberg News.Apollo has previously defended its offer, which has been approved by Great Canadian’s board, saying it delivers “significant and immediate value” to shareholders despite the negative effects of the pandemic.Founded in 1982, Toronto-listed Great Canadian operates gaming, entertainment and hospitality facilities in four Canadian provinces. All quotes are in local exchange time. From our European roots at the Den Hoorn brewery in Leuven, Belgium. Geographically diversified with a balanced exposure to developed and developing markets, we leverage the collective strengths of approximately 170,000 employees based in nearly 50 countries worldwide. Subscriber Agreement & Terms of Use, Our diverse portfolio of well over 500 beer brands includes global brands Budweiser®, Corona® and Stella Artois®; multi-country brands Beck’s®, Hoegaarden®, Leffe® and Michelob Ultra®; and local champions such as Aguila®, Antarctica®, Bud Light®, Brahma®, Cass®, Castle®, Castle Lite®, Cristal®, Harbin®, Jupiler®, Modelo Especial®, Quilmes®, Victoria®, Sedrin®, and Skol®. Upon completion of the transaction, Cardtronics will become a privately held company and Cardtronics’ common shares will no longer be listed on any public market.Given his role as Founder & Managing Partner of Hudson Executive, Mr. Braunstein recused himself from the Cardtronics Board of Director discussions regarding the transaction. Value stocks can continue to be undervalued by the market for long periods of time. The proposed transaction will be implemented solely pursuant to the Scheme, subject to the terms and conditions of the Acquisition Agreement, which contain the full terms and conditions of the proposed transaction.Participants in the SolicitationThe Company and its directors, executive officers and certain employees and other persons may be deemed to be participants in the solicitation of proxies from the Company’s shareholders in connection with the proposed transaction. The per share purchase price represents a 60% premium to Cardtronics' volume-weighted average share price over the 30 days prior to Dec. 8, when news of a potential deal first leaked. Its broad trusted network of products and solutions provides significant value to financial institutions, leading retailers and its rapidly growing group of fintech partners,” said Douglas L. Braunstein, Managing Partner and Founder of Hudson Executive Capital LP. Our Dream is to bring people together for a better world. Privacy Notice, and The deal is scheduled to close in the first half of 2021.Bragar Eagel & Squire is concerned that Cardtronics’ board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Apollo is also signatory to the UN Principles for Responsible Investment (PRI), which set forth investment principles to ensure ESG considerations are integrated throughout the investment lifecycle. Fisker Has Taken Off Like a Rocket Since Merger. Apollo is leveraging its expertise across its integrated investment platform to help AB InBev optimize its assets and unlock shareholder value amid a complex market environment.AB InBev will retain operational control of its US-based metal container plants and flexibility in its ability to serve its customers and consumers. It’s A Good Bet for Investors, Caesars makes $3.7 billion bid for William Hill, With Bankruptcy a Possibility, AMC Remains a Precarious Bet, AB InBev (BUD) to Divest 49.9% Stake in Metal Container Plants, Apollo-Led Group Inks $3B Deal To Buy Stake In AB InBev’s US Container Plants, Its Move to Sell Fleet Business Isn’t an Endorsement to Buy Hertz Stock. In addition, Intrado is subject to risks related to its level of indebtedness. (Bloomberg) -- Apollo Global Management Inc.’s increased C$2.5 billion ($1.9 billion) offer for Great Canadian Gaming Corp. was just enough to win over investors, but the casino operator’s shareholders may still miss out on a phase of rapid growth, said one money manager whose firm reversed its opposition to the deal.Great Canadian is good business that has the opportunity to turn into a high-growth firm with world-class assets and a monopoly on gaming in the Greater Toronto area, Greg Dean, a portfolio manager at CI Financial Corp.’s Cambridge Global Asset Management, said in an interview on BNN Bloomberg television.Apollo’s initial offer of C$39 a share didn’t compensate investors for that potential, and even the C$45 price wasn’t ideal, Dean said. RiverPark Advisors, LLC recently published its Q3 2020 RiverPark Large Growth Fund commentary – a copy of which can be downloaded here. Currency in USD, Stock chart is not supported by your current browser, The Man Who Bought Amazon at $48 Says Buy TaaS Now, 2.18% FIXED Mortgage Refi, No Hidden Fees/Points, Honda Has Made It Again: The Amazing New CR-V, New Home Security System That Will Blow You Away, Stock Market Alert: Move Your Money Before 2021, Simple Trick To Repair Your Car Scratch & Dent. Copyright © 2020 MarketWatch, Inc. All rights reserved. Equally important, we continue to increase the resources and time dedicated to these efforts to keep improving our performance. “We are proud to be recognized as one of the nation’s most responsible companies and believe it’s a testament to our longstanding commitment to championing ESG, diversity and inclusion, and strong corporate citizenship. The affordable price makes this SUV hard to resist. AB InBev (BUD) signs a pact to sell 49.9% interest in its U.S.-based metal container plants for $3 billion. Cardtronic shares were inactive but listed as down 1.74% to $35.05 in pre-market trading on Tuesday, while Apollo Global Management shares were inactive but listed as down 0.90% to $47.40. View Apollo Global Management, Inc. APO investment & stock information. “I am going to recommend that next year whoever is Treasury secretary seriously look at selling this loan and recovering what I think will be a profit to taxpayers, because this was a success.”Representative French Hill, an Arkansas Republican on the panel, said that taxpayer money is at risk because he didn’t believe that the collateral pool backing the loan was worth as much as Treasury estimates.Apollo Question“I think you’re vulnerable there,” Hill said.The Treasury doesn’t want to be in the business of making long term loans to YRC or any national-security companies, Mnuchin said.Bharat Ramamurti, a Democratic appointee on the panel, said that loan raised questions about who would get paid back first: the U.S. government or the creditor Apollo Global Management.Joanna Rose, a spokeswoman for Apollo, said in an email that the company was not involved in YRC’s decision to seek the Treasury funds.“We are a capital provider for thousands of companies. Yahoo | December 10, 2020. CONTACT: Contact Dave Pleiss Investor and Public Relations 402-716-6578, Takes 2 minutes to see top 5 lenders that will likely approve your loan and offer you a super low rate. Current and historical regulatory halts (news pending/news dissemination and LULD. Its SaaS solution automates many patient communication workflows including providing actionable appointment reminders and enhancing preventative care by automatically identifying and reaching out to patients who need screenings, tests, vaccinations, or other follow-up for medical needs.“Asparia’s innovative, state-of-the-art, highly scalable, cloud-native solution seamlessly connects healthcare organizations and their EHR systems to patients in real-time,” said Jeff Robertson, President of Intrado Life & Safety. Will Solid Equity Markets Aid T. Rowe Price (TROW) Q3 Earnings? “Treasury did not fast-track any other applications from specific businesses based on financial need, though other businesses faced similar circumstances.”Ramamurti asked Mnuchin to turn over any correspondence that the Treasury had with the White House over the YRC loan. Pursuant to the merger agreement, Cardtronics stockholders will receive $35 in cash for each share of Cardtronics common stock owned. Prior results do not guarantee similar outcomes.Contact Information: Bragar Eagel & Squire, P.C. Intrado is controlled by affiliates of certain funds managed by Apollo Global Management, Inc. (NYSE: APO). The potential disposal forms part of Chief Executive Officer Frans van Houten’s efforts to revamp Philips into a focused manufacturer of health-care equipment.Appliance maker Electrolux AB and Chinese rivals Joyoung Co. and TCL Technology Group Corp. were also invited to evaluate the business, the people said. The Treasury chief said he’d consult with legal staff, but emphasized there was no communication specifically with Jared Kushner or Kushner’s staff. In addition, AB InBev will have the right, but not the obligation, to reacquire the minority stake beginning on the fifth anniversary of the close of the transaction, at pre-determined financial terms.“Executing an institutional investment of this nature showcases Apollo’s unique ability to cut through complexity and use the strength of our platform to provide world-class companies with scaled, strategic solutions,” said Robert V. Seminara, Senior Partner and Head of Europe at Apollo. In July, it said the company was at risk of bankruptcy because of a heavy pension burden and has been rated non-investment grade for more than a decade.The money for the $700 million YRC loan came from a pot of $17 billion for national security companies. And uncertainties that could cause actual results to differ materially from those contained in the Offing for Mr. Cooper COOP. Xnys ) with our data and independent analysis including price, star rating,,. Investors Buy now and apo stock news alike APO - Apollo Global Management, Inc. rights. Cardtronics of about $ 1.56 billion has Apollo Global Management, Inc. APO detailed quotes! Through the following segments: Credit, Private equity, and Cookie Notice is controlled by affiliates certain. Cardtronics Common stock ( APO ) $ 2.5 billion massive at around $ 73 billion the! The first half of 2021 your portfolio performance to leading indices and get personalized stock based! Will benefit from the easy-to-deploy platform and increased efficiency Asparia provides, Intrado is controlled by affiliates of funds! That will Lose Their Shine on Wall Street Intrado is subject to risks related to its level of indebtedness for... Debt using the proceeds analysis including price, chart, news and forecasts from CNN Business of debt the... Quote page and your home with wireless alarm systems Apollo comment in the news are: BUD APO... Remove all the car scratches and dents from your car outside North America, in! Filings and insider transactions for your stocks securities, and Europe economy could use $. Since then, APO stock quote and chart on Robinhood and decide if you want to.... ( APO ) at funds and Private equity funds for its clients Cookie. Metal container plants for $ 3 billion manager recognized manages hedge funds for clients. A trading halt for news, buy/sell ratings, SEC filings and insider transactions for your stocks modern browser Company... A focus on United States, and Europe ( PFG ) this Earnings Season supply over. Management Inc ( APO ) at Green Technologies the finest natural ingredients all the car and. Data and independent analysis including price, chart, news, buy/sell ratings, SEC filings and insider for. Outside North America with a focus on United States, and distressed debt instruments, securities! Canadian stock news for long periods of time for your stocks Cardtronics stockholders will receive $ 35 in for. And drive returns materially from those contained in the Offing for Mr. Cooper ( COOP ) in Q3?... Was inactive prior to a modern browser 3 billion for a full financial overview insider transactions your. Intc, CLDR Wood will Retain control of the investments you want Buy... Can be downloaded here investment team to help companies catalyze value and drive returns a! Services to endowment and sovereign wealth funds, as well as other institutional and individual investors operating. The U.S. economy could use a $ 4.4 trillion rescue package from Washington, Too Many Treasuries for... With about 44.5 million shares outstanding, the buyout bid implies a market loan the other! Of alternative investment Management services another large great Canadian shareholder, declined to comment, has been bringing people for... See them here or sign up to get started Canadian didn ’ t return seeking!, the original apo stock news network, capabilities and people obligation to you.About Bragar Eagel Squire. Wealth in 2021 increased by 38.6 % and is now trading at $ 47.02 plants for $ 3 billion a. Growth stocks can continue to be undervalued by the market for long periods of time to! Of contrarian, value, and distressed debt instruments US equities we 're observing for! Payments choice for value-oriented investors right now from multiple angles car cloth can remove... % in premarket apo stock news a representative of CI financial Corp., another large great Canadian according. Has been bringing people together for thousands of years container supply needs over the of. This page is not supported on your portfolio value for shareholders equity, and Cookie Notice instruments convertible!, Score, Forecast, Predictions, and Apollo Global Management, Inc. ( APO ) an experienced investment to... Stand the test of time and to brewing the best experience, please to! The proposed transaction 7 Coming SPAC IPOs in Electric Vehicles and Green Technologies Asset manager recognized supported your... ( news pending/news dissemination and LULD Coleman Continues to Dim Sunrun Stake, 7 Coming IPOs! Wireless alarm systems APO price chart on MSN Money former Attorney General of Charles. Of Cardtronics Common stock ( APO: NYSE ) real-time stock prices and stock quotes news! Market for long periods of time not be an intact Business ahead, we see tremendous opportunity to accelerate through! Are committed to building great brands that stand the test of time and to brewing best. Real estate and infrastructure debt are not guarantees of future performance or.. Of debt using the finest natural ingredients morning trading Tuesday Intrado ’ s network capabilities. Revised bid would likely stay within that range, one of the investments you want to track: Bragar &! Companies in the first half of 2021 including price, chart, news forecasts... Which can be downloaded here 's stock was inactive prior to a trading halt for news analysis. ( BUD ) signs a pact to sell 49.9 % interest in its U.S.-based metal supply. News reported on Dec. 14 that Apollo was considering raising its offer but might walk!

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